ST Engineering signs $600M maintenance contract
Singapore Technologies Engineering Ltd’s (ST Engineering) Aerospace sector has signed an agreement with a contract value of about $600-million (approximately $813-million) to provide aircraft heavy maintenance services to a major North American operator. ST Engineering will support the operator, an existing customer, on a fleet of over 160 wide-body and narrow-body aircraft starting in 2020 for a period of 10 years.
Under the long-term strategic alliance, ST Engineering is able to offer a fleet reliability programme that monitors the health of each aircraft and recommends maintenance actions to address identified issues before they impact the airline’s operational reliability. Continuous improvement initiatives over the duration of the programme will also help drive greater efficiency and shorter turnaround times during maintenance.
ST Engineering will be providing airframe maintenance services to the customer at its US facilities located in San Antonio, Texas, and Pensacola, Florida. The San Antonio facility is a well-established airframe MRO service provider, which just received the Federal Aviation Administration Aviation Maintenance Technician Diamond Award of Excellence in 2018, while the Pensacola facility comprises a new hangar with state-of-the-art infrastructure that began operations in June 2018.